What is Ethereum Classic (ETC), and how is it different from Ethereum (ETH)?

What is Ethereum Classic (ETC), and how is it different from Ethereum (ETH)?

Blog Article

Ethereum Classic (ETC) is a decentralized blockchain platform that originated from a split in the Ethereum blockchain following a contentious 2016 hard fork. The fork occurred due to a major hack on a decentralized application (The DAO) hosted on Ethereum, which led to the split. Ethereum Classic retains the original, immutable Ethereum chain, with a philosophy focused on "code is law," meaning that smart contracts and blockchain data cannot be altered after deployment. In contrast, Ethereum (ETH) is now focused on adopting newer protocols and solutions like Proof of Stake (PoS) for scalability and energy efficiency. To stay updated on the current ETC price and market performance, many investors and enthusiasts track it on platforms like Toobit.